Archive for the 'Millennium Park' Category

Living in the “Other” Millennium Park: 195 N. Harbor Drive

Before there was the Lakeshore East development and Millennium Park, there were the high rises along Randolph Street and Harbor Drive. The Park Shore, at 195 N. Harbor Drive, is a 482-unit high rise that was built along Lake Shore Drive and the Lake in 1991. It is a full service building with a rooftop […]

The Cheapest Priced 2/2 in The Heritage: 130 N. Garland in the Loop

We haven’t chattered about The Heritage at 130 N. Garland in the Loop in awhile. Built in 2005, the building was extremely popular when it first started closings due to its proximity to Millennium Park and the protected east views of the Lake. It also has an amazing indoor swimming pool and workout room. Current statistics on […]

First Look at The Park Monroe: 65 E. Monroe in the Loop

New high rise buildings continue to close. The Park Monroe, at 65 E. Monroe, in the Loop is the latest building to deliver units. This is the development that is converting the top of an older office building into 156 condos. The east units will have lake and Millennium Park views while the west units will face the Sears […]

Does Paint Matter? 130 N. Garland in the Loop

It has long been known that certain paint colors can be a turn-off to buyers or that “staging” a property likely brings about a quicker (and sometimes higher-priced) sale. How else to explain the difference in the asking prices of these two units in The Heritage, at 130 N. Garland, in the Loop? Yes, one is […]

3-Bedroom Short Sale in The Heritage: 130 N. Garland

We’ve chattered about some foreclosures in The Heritage, at 130 N. Garland, in the Loop before. But this 3-bedroom unit, Unit #2603, is the first short sale property I’ve seen of one of the larger east facing units. Here’s the view: It’s been on the market for a year and is now listed 15% under its […]

The Legacy at 60 E Monroe: How Well is it Selling?

There is a listing from Baird & Warner for 60 E. Monroe that keeps popping up in the Sunday Tribune.  I was confused about it until I realized that it was for a unit in The Legacy– which is currently under construction and not scheduled to be completed until 2009 or 2010, at the earliest. These are pictures of the […]

Foreclosures Hit the Heritage at 130 N. Garland

Foreclosures are now hitting the heart of downtown.  A foreclosure auction is scheduled on a one bedroom unit today at The Heritage, at 130 N. Garland Court near Millennium Park in the Loop. The Heritage is the building that started the Millennium Park craze and revitalized the loop as a residential destination for “luxury” buildings.  It’s a large building with 356 […]

Mandarin Oriental Pushed Back But Still Will Be Built

The Sun-Times’ David Roeder is reporting that the Mandarin Oriental hotel and condo tower near Millennium Park, though pushing back its timeline, is still scheduled to be built: Gerard Kenny, whose Palladian Development is behind the project, said the credit crunch has caused delays in negotiating loans for a project expected to cost more than […]

Metropolitan Tower Offering Free Upgrades

Metropolitan Tower, the conversion of the former office building at 310 S. Michigan near Millennium Park has been offering incentives for several months. They’re trying to move the remaining units in the building as closings are set to begin in early 2008. Now, they’re offering free upgrades on all finished units (not quite sure how […]

Millennium Park Takes South Michigan Avenue From Drab to Fab

Recently, I talked about closings beginning at The Columbian, at 1160 S. Michigan, which anchors South Michigan Avenue at Roosevelt Road.  The renovation of Metropolitan Tower further up the road and the recent re-opening of the sales center at 6 North Michigan (it had been closed for years due to financial problems with the original developer) all […]